How monetary policy is affecting us today
In the last post, we learned about fractional reserved lending and the federal reserve. Here is an example of how our monetary policy is affecting us today, humorously delivered by Robert Newman’s History of Oil.
http://video.google.com/videoplay?docid=-8957268309327954402Related links:
- The Party’s Over: Oil, War And The Fate Of Industrial Societies by Richard Heinberg – book at Amazon
- Who Will Feed China?: Wake-Up Call for a Small Planet by Lester Russell Brown – book at Amazon
- The US Congress Committee on International Relations’ report Oil Fields as Military Objectives: A Feasibility Study – full text
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Here is Ron Paul explaining the same information to the House of Representatives. Ron Paul starts speaking two minutes into the video.
http://video.google.com/videoplay?docid=-8327695139643041382And here’s Ron Paul summarizing situation in 60 seconds.
http://www.youtube.com/watch?v=NIwlKyz6LvU